Klimoski Donald II 4
Research Summary
AI-generated summary
Global Self Storage (SELF) General Counsel Klimoski Receives 11,054 Shares
What Happened Donald II Klimoski, General Counsel of Global Self Storage, was granted a total of 11,054 shares (two awards of 5,527 shares each) on 2026-03-24. The grants were reported as acquisitions (code A) and were issued at reported values of $5.08 (5,527 shares, $28,077) and $5.10 (5,527 shares, $28,188), for a combined value of approximately $56,265. These are performance-based awards (not open-market purchases or option exercises).
Key Details
- Transaction dates and prices: 2026-03-24 — 5,527 shares @ $5.08 ($28,077) and 5,527 shares @ $5.10 ($28,188).
- Total shares received: 11,054; total reported value ≈ $56,265.
- Vesting and performance conditions:
- Footnote F1: First tranche earned based on 2025 performance targets; vests 6.25% quarterly retroactively from 2025 over four years.
- Footnote F2: Second tranche earned based on 2026 performance targets; vests 6.25% quarterly retroactively from 2026 over four years.
- Rights: Reporting person has voting and dividend rights on all awarded shares, including unvested shares.
- Transaction code: A = grant/award.
- Shares owned after transaction: Not disclosed in the filing.
- Filing timeliness: Report filed 2026-03-25 for a 2026-03-24 event — appears timely (Form 4s are due within two business days).
Context These grants are performance-based restricted stock awards that will vest over time if performance/vesting conditions are met. They are acquisitions by grant (not purchases or sales) and do not indicate immediate selling activity; they provide compensation alignment rather than an open-market investment signal.